IA RES 2013-010RESOLUTION NO. IA 2013 -10
A RESOLUTION OF THE COMMISSION OF THE RANCHO PALOS VERDES JOINT
POWERS IMPROVEMENT AUTHORITY, AMENDING RESOLUTION 2013 -09, THE BUDGET
APPROPRIATION FOR FY13 -14, TO INCREASE THE BUDGET FOR CERTAIN CONTINUING
APPROPRIATIONS FROM FYI 2-13.
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditures in excess of budgeted allocations must be by supplemental appropriation of the
Authority Commission: and
WHEREAS, on August 6, 2013, the Commission of the Rancho Palos Verdes Joint Powers
Improvement Authority adopted Resolution 2013 -09, approving a spending plan and authorizing
a budget appropriation for FY13 -14: and
WHEREAS, certain project expenditures included in the FY12 -13 budget were not completed by
fiscal year end and the Authority Commission has determined that the expenditures should be
completed in FY13 -14; and
WHEREAS, the carryover of these items will not change the estimated (budgeted) ending fund
balance at June 30, 2014;
BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS VERDES
JOINT POWERS IMPROVEMENT AUTHORITY:
The following adjustment be made to the FY13 -14 budget:
Increase the Portuguese Bend fund budget as follows:
Burma Road Grading & Repairs #285 - 3088 - 431 -43 -00 Maintenance $25,000
PASSED, APPROVED, AND ADOPTED THE 3rd DAY OF SEPTEMBER 2013.
ATTEST:
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Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, Authority Secretary of the Rancho Palos Verdes Joint Powers Improvement
Authority, hereby certify that the above Resolution No. IA 2013 -10 was duly and regularly passed
and adopted by the said Commission at regular meeting thereof held on September 3, 2013.
Secretary